New McCain Offensive on Romney Keeps Rudy Above Fray

With the resurgent campaign of John McCain (still more hype than reality, but there is indeed some incremental movement) laying the wood to Mitt Romney as an unprincipled liberal flip-flopper, the chief beneficiary is none other than Rudy Giuliani.

There appears to be a mindset established over the past two weeks or so in which the GOP field is accepting the fact, reluctantly, that Giuliani is indeed being institutionalized as the front runner — especially as the latest FEC data is closely analyzed. Meanwhile, the rest of the field is begining to cannibalize itself in the hope of becoming the number two canddiate — the perch upon which to theoretically launch an all out assault on Rudy.

Romney, still in a strong position but looking a bit wobbly of late — especially compared to Rudy — had hoped to begin chopping the former New York mayor down to size at about this time. Instead, he’s under assault from McCain and to a lesser extent, Fred Thompson.

Bottom line: Rudy gets more time to consolidate his front-runner standing at this critical juncture in the campaign while Romney must fend-off the dogs. The other good news for Rudy is it appears Bernie Kerik is looking to come to an accomodation with prosecutors. The Rudy-Bernie stories are still on their way, but a plea deal would mitigate some of the damage.

The big losers at the moment: Mitt Romney and Fred Thompson, who, inexplicably, continues to offer no rationale for his candidacy — and other than throwing out an ill-advised prpposal to cut social security benefits continues to be a newsmaking wallflower on the campaign trail.

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